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Revealing News For a Better World

News Stories
Excerpts of Key News Stories in Major Media


Below are highly revealing excerpts of key news stories from the major media that suggest major cover-ups and corruption. Links are provided to the full stories on their media websites. If any link fails to function, read this webpage. These news stories are listed by date posted. You can explore the same list by order of importance or by date of news story. By choosing to educate ourselves and to spread the word, we can and will build a brighter future.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Doubts surface on North Korea's role in ship sinking
2010-07-23, Los Angeles Times
Posted: 2010-08-03 09:09:35
http://www.latimes.com/news/nationworld/world/la-fg-korea-torpedo-20100724,0,...

Secretary of State Hillary Rodham Clinton calls the evidence "overwhelming" that the Cheonan, a South Korean warship that sank in March, was hit by a North Korean torpedo. Vice President Joe Biden has cited the South Korean-led panel investigating the sinking as a model of transparency. But challenges to the official version of events are coming from an unlikely place: within South Korea. Armed with dossiers of their own scientific studies and bolstered by conspiracy theories, critics dispute the findings announced May 20 by South Korean President Lee Myung-bak, which pointed a finger at Pyongyang. They also question why Lee made the announcement nearly two months after the ship's sinking, on the very day campaigning opened for fiercely contested local elections. Many accuse the conservative leader of using the deaths of 46 sailors to stir up anti-Communist sentiment and sway the vote. The critics, mostly but not all from the opposition, say it is unlikely that the impoverished North Korean regime could have pulled off a perfectly executed hit against a superior military power, sneaking a submarine into the area and slipping away without detection. They also wonder whether the evidence of a torpedo attack was misinterpreted, or even fabricated. "I couldn't find the slightest sign of an explosion," said Shin Sang-chul, a former shipbuilding executive-turned-investigative journalist. "The sailors drowned to death. Their bodies were clean. We didn't even find dead fish in the sea."

Note: This article raises the suspicion that the sinking of the South Korean vessel was in reality a "false-flag" operation. To read an excellent short history and analysis of false-flag attacks, click here.


Afghanistan war logs: Massive leak of secret files exposes truth of occupation
2010-07-25, The Guardian (One of the UK's leading newspapers)
Posted: 2010-08-03 09:07:09
http://www.guardian.co.uk/world/2010/jul/25/afghanistan-war-logs-military-leaks

A huge cache of secret US military files today provides a devastating portrait of the failing war in Afghanistan. The disclosures come from more than 90,000 records of incidents and intelligence reports about the conflict obtained by the whistleblowers' website Wikileaks in one of the biggest leaks in US military history. The files, which were made available to the Guardian, the New York Times and the German weekly Der Spiegel, give a blow-by-blow account of the fighting over the last six years. The war logs [detail]: • How a secret "black" unit of special forces hunts down Taliban leaders for "kill or capture" without trial. • How the US covered up evidence that the Taliban have acquired deadly surface-to-air missiles. • How the coalition is increasingly using deadly Reaper drones to hunt and kill Taliban targets by remote control from a base in Nevada. The logs detail, in sometimes harrowing vignettes, the toll on civilians exacted by coalition forces: events termed "blue on white" in military jargon. The logs reveal 144 such incidents. Some of these casualties come from the controversial air strikes ... but a large number of previously unknown incidents also appear to be the result of troops shooting unarmed drivers or motorcyclists. Rachel Reid, who investigates civilian casualty incidents in Afghanistan for Human Rights Watch, said: "These files bring to light what's been a consistent trend by US and Nato forces: the concealment of civilian casualties."

Note: To check out WikiLeak's Afghan War Diary website, click here. Despite the media attention the logs have received, with many comparisons to the Pentagon Papers, some observers have noted that, unlike the Pentagon Papers, very few of the "revelations" in the Afghan War Logs have revealed anything previously unknown.


U.S. asks blog sites to shut down
2010-07-25, San Francisco Chronicle (San Francisco's leading newspaper)
Posted: 2010-08-03 09:01:35
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/07/24/BUF31EGQRC.DTL

Under mysterious circumstances and with unusual abruptness, two websites used to create blogs and message boards were taken down at the behest of U.S. investigators earlier this month, baffling users and commentators on the Web alike. Both Blogetery.com, which said it hosted around 70,000 blogs, and online forum site IPBFree.com were taken offline in early July. The initial cryptic responses to users' questions about what happened added to the confusion. Both IPBFree administrators and Burst.net, Blogetery's Web host, deeply apologized for the incident but said they were barred by law to provide any specific information. But Burst.net later told PC World that they had voluntarily decided to take down Blogetery after investigators approached them. It is still unclear who hosted the IPBFree site, why it was taken down or if the action was related to the Blogetery case.

Note: For more on this, click here. It appears certain factions within government are testing their ability to shut down certain websites.


Goldman reveals where bailout cash went
2010-07-24, USA Today
Posted: 2010-08-03 08:54:31
http://www.usatoday.com/money/industries/banking/2010-07-24-goldman-bailout-c...

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public [on July 23]. Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia. Goldman Sachs received $5.55 billion from the government in fall of 2008 as payment for then-worthless securities it held in AIG. Goldman had already hedged its risk that the securities would go bad. It had entered into agreements to spread the risk with the 32 entities named in Friday's report. Overall, Goldman Sachs received a $12.9 billion payout from the government's bailout of AIG, which was at one time the world's largest insurance company. Goldman Sachs also revealed to the Senate Finance Committee that it would have received $2.3 billion if AIG had gone under. Other large financial institutions, such as Citibank, JPMorgan Chase and Morgan Stanley, sold Goldman Sachs protection in the case of AIG's collapse. Those institutions did not have to pay Goldman Sachs after the government stepped in with tax money. Shouldn't Goldman Sachs be expected to collect from those institutions "before they collect the taxpayers' dollars?" Grassley asked. "It's a little bit like a farmer, if you got crop insurance, you shouldn't be getting disaster aid."

Note: For lots more from reliable sources on the Wall Street bailout by taxpayers, click here.


Ex-US judge pleads guilty to child prison scam
2010-07-23, BBC News
Posted: 2010-08-03 08:49:22
http://www.bbc.co.uk/news/world-us-canada-10747919

Former Pennsylvania judge Michael Conahan has pleaded guilty to a racketeering conspiracy charge for helping put juvenile defendants behind bars in exchange for bribes. He is accused along with former judge Mark Ciavarella of taking $2.8m (Ł1.8m) from a profit-making detention centres. Prosecutors in a federal court in Scranton, Pennsylvania, said Conahan had closed a county-owned juvenile detention centre in 2002, just before signing an agreement to use a for-profit centre. Prosecutors say Mr Ciavarella, a former juvenile court judge, then allegedly worked with Mr Conahan to ensure a constant flow of detainees. The two men were originally charged in early 2009 with accepting money from the builder and owner of a for-profit detention centre that housed county juveniles in exchange for giving children longer, harsher sentences. A spokeswoman for the non-profit Juvenile Law Center alleges that Mr Ciavarella gave excessively harsh sentences to 1,000-2,000 juveniles between 2003 and 2006. Some of the children were shackled, denied lawyers, and pulled from their homes for offences which included stealing change from cars and failure to appear as witnesses.

Note: To understand just how corrupt our judicial system is, watch Consipiracy of Silence at this link.


Calif. town outraged to learn of officials' pay
2010-07-23, Washington Post
Posted: 2010-08-03 08:44:21
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/23/AR20100723004...

Residents in this modest blue-collar Los Angeles suburb where one in six lives in poverty were angry: Their city manager was getting paid more than President Barack Obama and the police chief more than the commander of the nearly 13,000-member LAPD. They demanded and got the manager, the chief and another high-salaried official to resign. They looked for the culprits and found them in the very people they entrusted to lead their city of 40,000 people. Now, they're campaigning to boot them out of office. Their mayor and three of their four council members, people they see every day at the grocery store or church, approved the contracts, and put an obscure measure on the ballot that allowed council members to pay themselves any amount of money. And they did: collecting between $90,000 and $100,000 a year as part-time officials. The salaries exploded into public view last week after a Los Angeles Times investigation, based on California Public Records Act requests, showed that the city payroll was bloated with all sorts of six-figure salaries: - Chief Administrative Officer Robert Rizzo made $787,637 a year.

Note: Is there something wrong with a system where politicians set their own pay, as is also done in the US Congress? For lots more on government corruption, click here.


Raw-food raid highlights a hunger
2010-07-25, Los Angeles Times
Posted: 2010-08-03 08:40:55
http://www.latimes.com/news/la-fi-raw-food-raid-20100725,0,4350641,full.story

With no warning one weekday morning, investigators entered an organic grocery with a search warrant and ordered the hemp-clad workers to put down their buckets of mashed coconut cream and to step away from the nuts. Then, guns drawn, four officers fanned out across Rawesome Foods in Venice. Skirting past the arugula and peering under crates of zucchini, they found the raid's target inside a walk-in refrigerator: unmarked jugs of raw milk. Cartons of raw goat and cow milk and blocks of unpasteurized goat cheese were among the groceries seized in the June 30 raid by federal, state and local authorities — the latest salvo in the heated food fight over what people can put in their mouths. On one side are government regulators, who say they are enforcing rules designed to protect consumers from unsafe foods and to provide a level playing field for producers. On the other side are " healthy food" consumers [who] seek food in its most pure form. "This is about control and profit, not our health," said Aajonus Vonderplanitz, co-founder of Rawesome Foods. "How can we not have the freedom to choose what we eat?" Demand for all manner of raw foods — including honey, nuts and meat — has been growing, spurred by heightened interest in the way food is produced. But raw milk in particular has drawn a lot of regulatory scrutiny, largely because the politically powerful dairy industry has pressed the government to act.

Note: For lots more on government corruption from reliable sources, click here.


Mexican Officials Say Prisoners Acted as Hit Men
2010-07-26, New York Times
Posted: 2010-08-03 08:33:29
http://www.nytimes.com/2010/07/26/world/americas/26mexico.html

Prisoners in a northern Mexico jail were allowed out at night to carry out murder-for-hire jobs using jail guards’ weapons and vehicles, officials said [on July 25], revealing a level of corruption that is stunning even in a country where prison breakouts are common as guards look the other way. The prisoners carried out three massacres this year in the city of Torreón in which 35 people were killed, Ricardo Nájera, the spokesman for the attorney general’s office, said at a news conference. Among them, the authorities said, was last week’s attack on birthday revelers at a party hall. The gang shot randomly into the crowd, they said, killing 17 people. Ballistics studies confirmed that four guns used in the shooting were the same as those assigned to jail guards, Mr. Nájera said. “The criminals carried out their executions as part of a settling of scores against members of rival gangs linked to organized crime,” he said. “Unfortunately, in these executions the criminals also cowardly murdered innocent civilians — and then returned to their cells.”


John Podesta writes probing foreword for new book on UFOs
2010-07-28, Los Angeles Times
Posted: 2010-08-03 08:29:51
http://latimesblogs.latimes.com/washington/2010/07/john-podesta-writes-probin...

He’s not saying he was abducted by a UFO and probed or anything, but former President Clinton’s chief of staff John Podesta is lending his name to a new book on UFOs. Podesta has written the foreword for UFOs: Generals, Pilots and Government Officials Go On the Record by investigative journalist Leslie Kean, which will be released Aug. 10. Podesta has been on the record before as an advocate for the Pentagon to release classified government papers on UFO investigations. "It is time for the government to declassify records that are more than 25 years old and to ... provide scientists with data that will assist in determining the real nature of this phenomenon," he said back in 2002. Now, eight years later, Podesta is still -- as he puts it -- "curious." UFO enthusiasts say the inclusion of Podesta gives the book weight. “Its credibility begins on the first page with John Podesta and continues with case studies of extraordinary quality to the very end,” writes John L. Petersen, the founder and president of the Arlington Institute (a think tank for futurists).

Note: For reliable information on UFOs, check out our UFO Information Center.


A hidden world, growing beyond control
2010-07-19, Washington Post
Posted: 2010-07-27 08:58:31
http://media.washingtonpost.com/wp-srv/special/nation/tsa/static/articles/hid...

In the Department of Defense, where more than two-thirds of the intelligence programs reside, only a handful of senior officials - called Super Users - have the ability to even know about all the department's activities. Most [sources for this story] requested anonymity either because they are prohibited from speaking publicly or because, they said, they feared retaliation at work for describing their concerns. Beyond redundancy, secrecy within the intelligence world hampers effectiveness in other ways. For the Defense Department, [the] problem goes back to an ultra-secret group of programs for which access is extremely limited and monitored by specially trained security officers. These are called Special Access Programs - or SAPs - and the Pentagon's list of code names for them runs 300 pages. The intelligence community has hundreds more of its own, and those hundreds have thousands of sub-programs with their own limits on the number of people authorized to know anything about them. All this means that very few people have a complete sense of what's going on. Such secrecy can undermine the normal chain of command when senior officials use it to cut out rivals or when subordinates are ordered to keep secrets from their commanders. One military officer involved in one such program said he was ordered to sign a document prohibiting him from disclosing it to his four-star commander, with whom he worked closely every day, because the commander was not authorized to know about it

Note: To read the full text of this important article, please make sure to press the "Continue Reading" button at the end of the first webpage to access all of the fascinating information provided. For lots more on government secrecy, click here.


Growing Number of Prosecutions for Videotaping the Police
2010-07-19, ABC News
Posted: 2010-07-27 08:54:26
http://abcnews.go.com/US/TheLaw/videotaping-cops-arrest/story?id=11179076

It wasn't his daredevil stunt [on his motorcycle] that has [Anthony Graber] facing the possibility of 16 years in prison. For that, he was issued a speeding ticket. It was the video that Graber posted on YouTube one week later -- taken with his helmet camera -- of a plainclothes state trooper cutting him off and drawing a gun during the traffic stop near Baltimore. In early April, state police officers raided Graber's parents' home in Abingdon, Md. They confiscated his camera, computers and external hard drives. Graber was indicted for allegedly violating state wiretap laws by recording the trooper without his consent. Arrests such as Graber's are becoming more common along with the proliferation of portable video cameras and cell-phone recorders. Videos of alleged police misconduct have become hot items on the Internet. YouTube still features Graber's encounter along with numerous other witness videos. "The message is clearly, 'Don't criticize the police,'" said David Rocah, an attorney for the American Civil Liberties Union of Maryland who is part of Graber's defense team. "With these charges, anyone who would even think to record the police is now justifiably in fear that they will also be criminally charged." Carlos Miller, a Miami journalist who runs the blog "Photography Is Not a Crime," said he has documented about 10 arrests since he started keeping track in 2007. Miller himself has been arrested twice for photographing the police.

Note: To our knowledge, no one has ever been prosecuted for videotaping police doing good things, which they often do, yet many have been arrested for catching police doing bad things. Where's the justice here?


Iran scientist: CIA offered me $50m to lie about nuclear secrets
2010-07-16, The Independent (One of the UK's leading newspapers)
Posted: 2010-07-27 08:51:24
http://www.independent.co.uk/news/world/middle-east/iran-scientist-cia-offere...

An Iranian scientist who says he was abducted and taken to the United States by the CIA returned to Tehran yesterday to a hero's welcome and claimed that he had been pressured into lying about his country's nuclear programme. Shahram Amiri said that he was on the hajj pilgrimage when he was seized at gunpoint in the city of Medina, drugged and taken to the US, where he says Israel was involved in his interrogation. In the US, officials were reported to have admitted that Mr Amiri was paid more than $5m (Ł3.2m) by the CIA for information about Iran's nuclear ambitions. The offer of a large bribe is reportedly part of a special US programme to get Iranian nuclear scientists to defect. "Americans wanted me to say that I defected to America of my own will, to use me for revealing some false information about Iran's nuclear work," Mr Amiri said at Tehran airport. "I was under intensive psychological pressure by [the] CIA... the main aim of this abduction was to stage a new political and psychological game against Iran." At his press conference at Tehran airport, Mr Amiri stressed that he had acted under compulsion. "Israeli agents were present at some of my interrogation sessions and I was threatened to be handed over to Israel if I refused to cooperate with Americans," he said. He says he was offered $50m to stay in the US.

Note: For key reports on CIA kidnappings and other methods employed in the bogus "global war on terror", click here.


America locks up too many people, some for acts that should not even be criminal
2010-07-22, The Economist magazine
Posted: 2010-07-27 08:48:46
http://economist.com/node/16640389

America is different from the rest of the world in lots of ways, many of them good. One of the bad ones is its willingness to lock up its citizens. One American adult in 100 festers behind bars (with the rate rising to one in nine for young black men). Its imprisoned population, at 2.3m, exceeds that of 15 of its states. No other rich country is nearly as punitive as the Land of the Free. The rate of incarceration is a fifth of America’s level in Britain, a ninth in Germany and a twelfth in Japan. America’s incarceration rate has quadrupled since 1970. Similar things have happened elsewhere. The incarceration rate in Britain has more than doubled, and that in Japan increased by half, over the period. But the trend has been sharper in America than in most of the rich world, and the disparity has grown. It is explained neither by a difference in criminality (the English are slightly more criminal than Americans, though less murderous), nor by the success of the policy: America’s violent-crime rate is higher than it was 40 years ago. Many states have mandatory minimum sentences, which remove judges’ discretion to show mercy, even when the circumstances of a case cry out for it. “Three strikes” laws, which were at first used to put away persistently violent criminals for life, have in several states been applied to lesser offenders.

Note: For a recent report on the size of the US prison population in comparison with other countries, click here.


2 UFO sightings have China, blogs abuzz
2010-07-16, CNN
Posted: 2010-07-27 08:45:34
http://www.cnn.com/2010/WORLD/asiapcf/07/16/china.ufo.reports/

One of two recent UFO sightings in China occurred almost on the 63rd anniversary of news that a "flying disc" had been found in Roswell, New Mexico. The first sighting occurred at Hangzhou's Xiaoshan Airport, in the eastern part of the country. Eighteen flights were delayed or rerouted and operations shut down after twinkling lights were spotted above the terminal around 9 p.m. July 7. "No conclusion has yet been drawn," said Wang Jian, head of air traffic control with Zhejiang branch of the Civil Aviation Administration of China. Purported photos of the unworldly object have appeared online and on YouTube. Meanwhile, The Shanghai Daily reported a UFO appeared above the city of Chongqing on [July 15]. Witnesses said four "lantern-like objects forming a diamond shape" hovered for an hour above a park. "I stared at it and it did not move," one resident told the newspaper. "After hovering for an hour, the thing started to fly higher and finally out of people's sight." UFO sightings around the world are common, but a little rarer in China.

Note: For a massive amount of reliable information on sightings of UFOs, click here.


BP oil spill Corexit dispersants suspected in widespread crop damage
2010-06-28, San Francisco Chronicle (San Francisco's leading newspaper)
Posted: 2010-07-27 08:42:59
http://www.sfgate.com/cgi-bin/blogs/ybenjamin/detail??blogid=150&entry_id=65552

Just when you thought the damage BP could cause was limited to beaches, marshes, oceans, people's livelihoods, birds and marine life, there's more. BP's favorite dispersant Corexit 9500 is being sprayed at the oil gusher on the ocean floor. Corexit is also being air sprayed across hundreds of miles of oil slicks all across the gulf. There have been widespread reports of oil cleanup crews reporting various injuries including respiratory distress, dizziness and headaches. Corexit 9500 is a solvent originally developed by Exxon. Corexit is four times more toxic than oil (oil is toxic at 11 ppm (parts per million), Corexit 9500 at only 2.61ppm). In a report written by Anita George-Ares and James R. Clark for Exxon Biomedical Sciences, Inc. titled "Acute Aquatic Toxicity of Three Corexit Products: An Overview," Corexit 9500 was found to be one of the most toxic dispersal agents ever developed. According to the Clark and George-Ares report, Corexit mixed with the higher gulf coast water temperatures becomes even more toxic. The UK's Marine Management Organization ... banned Corexit ... from a list of approved treatments for oil spills in the U.K. more than a decade ago. The simple question I ask is: If the UK bans Corexit ... why the hell are we using it on American waters?


Report: 97 percent of scientists say man-made climate change is real
2010-06-22, USA Today
Posted: 2010-07-27 08:39:35
http://content.usatoday.com/communities/sciencefair/post/2010/06/scientists-o...

A new survey out this week in the Proceedings of the National Academy of Sciences ... found that 97 percent of scientific experts agree that climate change is "very likely" caused mainly by human activity. The report is based on questions posed to 1,372 scientists. Nearly all the experts agreed that it is "very likely that anthropogenic greenhouse gases have been responsible for most of the unequivocal warming of the Earth's average global temperature in the second half of the twentieth century." As for the 3 percent of scientists who remain unconvinced, the study found their average expertise is far below that of their colleagues, as measured by publication and citation rates. In the study, the authors wrote: "This extensive analysis of the mainstream versus skeptical/contrarian researchers suggests a strong role for considering expert credibility in the relative weight of and attention to these groups of researchers in future discussions in media, policy, and public forums regarding anthropogenic climate change." The report comes as the Earth continues to sizzle in 2010. So far, through May, 2010 is the warmest year ever recorded, according to the National Climatic Data Center.

Note: For key reports on global warming, click here.


Inquiry into Ian Tomlinson's death at a G20 protest in London prompts more questions than answers
2010-07-22, The Guardian (One of the UK's leading newspapers)
Posted: 2010-07-27 08:37:23
http://www.guardian.co.uk/uk/2010/jul/22/ian-tomlinson-story-justice-denied

When Ian Tomlinson's widow watched video footage of his last moments alive for the first time on a laptop 16 months ago, she was speechless. Julia Tomlinson had been told by police her husband had died of natural causes as he tried to get home through the G20 protest in London, and there was nothing suspicious about the death. But as she watched [video] footage ...a different story unfolded. Tomlinson, hands in pockets, was walking away from police. An officer who was not displaying his badge number, and whose face was concealed behind a balaclava, lunged at her husband from behind and, without provocation, struck him on the leg and pushed him to the ground. The police disregard for Tomlinson was [evident] on footage of the aftermath of the attack, which left him lying on the ground in front of a line of riot police shortly after 7.25pm on 1 April. None of the officers went to the aid of the 47-year-old, who was clearly in distress. Looking disoriented, Tomlinson then stumbled 100 yards down the road before collapsing and dying. The initial police response was to accuse protesters of wrongdoing. Within four hours, Scotland Yard had released a statement saying officers had gone to the victim's aid and called an ambulance, and were attempting to save his life with cardiopulmonary resuscitation. In the following days, City of London police, which was investigating the death, would receive information from witnesses that suggested Tomlinson might have been assaulted by an officer. His family were not told about this, and were advised instead that he had died after being caught up in a fracas prompted by anarchist demonstrators attacking police.

Note: This excellent article shows all too clearly how police departments will lie and severely manipulate evidence to defend their own, even when they know they are in the wrong.


Most countries fail to deliver on Haiti aid pledges
2010-07-15, CNN
Posted: 2010-07-27 08:34:13
http://www.cnn.com/2010/WORLD/americas/07/14/haiti.donations/index.html

Six months after a devastating earthquake struck Haiti, most governments that promised money to help rebuild the country have not delivered any funds at all. Donors promised $5.3 billion at an aid conference in March, about two months after the earthquake -- but less than 2 percent of that money has been handed over so far to the United Nations-backed body set up to handle it. Only four countries have paid anything at all: Brazil, Norway, Estonia and Australia. The United States pledged $1.15 billion. It has paid nothing, with the money tied up in the congressional appropriations process. Venezuela promised even more -- $1.32 billion. It has also paid nothing, although it has written off some of Haiti's debt. Altogether, about $506 million has been disbursed to Haiti since the donors' conference in March, said Jehane Sedky of the U.N. Development Program. That's about 9 percent of the money that was pledged. But about $200 million was money that had been in the pipeline for aid work before the earthquake, and about another $200 million went directly to the government of Haiti to help it get back on its feet, Sedky explained. That has left the commission with about $90 million in donations since the conference, Sedky said.


The Genocide Behind Your Smart Phone
2010-07-16, Newsweek magazine
Posted: 2010-07-27 08:28:45
http://www.newsweek.com/2010/07/16/the-genocide-behind-your-smart-phone.html

Our biggest gadget makers — including HP and Apple — may inadvertently get their raw ingredients from murderous Congolese militias. A new movement wants them to trace rare metals from ‘conflict mines.’ [It] stands on the cusp of going mainstream. It’s the push to make major electronics companies (manufacturers of cell phones, laptops, portable music players, and cameras) disclose whether they use “conflict minerals”—the rare metals that finance civil wars and militia atrocities, most notably in Congo. Congo raises especially disturbing issues for famous tech brand names that fancy themselves responsible corporate citizens. Congo is a classic victim of the resource curse. Its bountiful deposits—in everything from copper to diamonds—are brazenly plundered by corrupt governments and regional warlords while the population goes without basic services. Today, most violence—including mass rape, slavery, mutilation, and possibly even forced cannibalism—is concentrated in the war-ravaged eastern Kivu provinces, where the Congolese Army and ethnic militias bludgeon each other over the right to trade in mineral ore.


Gold Coin Sellers Angered by New Tax Law
2010-07-21, ABC News
Posted: 2010-07-27 08:24:31
http://abcnews.go.com/Business/gold-coin-dealers-decry-tax-law/story?id=11211611

Starting Jan. 1, 2012, Form 1099s will become a means of reporting to the Internal Revenue Service the purchases of all goods and services by small businesses and self-employed people that exceed $600 during a calendar year. Precious metals such as coins and bullion fall into this category and coin dealers have been among those most rankled by the change. This provision, intended to mine what the IRS deems a vast reservoir of uncollected income tax, was included in the health care legislation ostensibly as a way to pay for it. Taking an early and vociferous role in opposing the measure is the precious metal and coin industry, according to Diane Piret, industry affairs director for the ... trade association representing an estimated 5,000 coin and bullion dealers in the United States. "Coin dealers not only buy for their inventory from other dealers, but also with great frequency from the public," Piret said. "Most other types of businesses will have a limited number of suppliers from which they buy their goods and products for resale." So every time a member of the public sells more than $600 worth of gold to a dealer, Piret said, the transaction will have to be reported to the government by the buyer. Pat Heller, who owns Liberty Coin Service in Lansing, Mich., deals with around 1,000 customers every week. Heller estimates that he'll be filling out between 10,000 and 20,000 tax forms per year after the new law takes effect. "I'll have to hire two full-time people just to track all this stuff, which cuts into my profitability," he said.

Note: For lots more on government corruption from reliable sources, click here.


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